News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Gold
Mixed
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • 8 out of 11 S&P 500 sectors ended higher, with 62.6% of the index’s constituents closing in the green. Consumer discretionary (+0.56%), real estate (+0.55%) and consumer staples (+0.45%) were among the best performers, while energy (-0.94%) trailed behind. https://t.co/6ld01hQLRm
  • 🇳🇿 Electronic Retail Card Spending YoY (MAR) Actual: 5.1% Previous: -5.3% https://www.dailyfx.com/economic-calendar#2021-04-12
  • 🇳🇿 Electronic Retail Card Spending MoM (MAR) Actual: 0.9% Previous: -2.5% https://www.dailyfx.com/economic-calendar#2021-04-12
  • Heads Up:🇳🇿 Electronic Retail Card Spending YoY (MAR) due at 22:45 GMT (15min) Previous: -5.3% https://www.dailyfx.com/economic-calendar#2021-04-12
  • Heads Up:🇳🇿 Electronic Retail Card Spending MoM (MAR) due at 22:45 GMT (15min) Previous: -2.5% https://www.dailyfx.com/economic-calendar#2021-04-12
  • The US Dollar may extend gains against the Thai Baht. But, its price action within USD/SGD, USD/PHP and USD/IDR seem to be favoring more range-bound trading conditions. Get your market update from @ddubrovskyFX here:https://t.co/DYCLXAFcCr https://t.co/iaI1RZOnSd
  • SEC said to curtail SPAC fervor with discussions on accounting - BBG
  • Gold extends its decline as the 50-day EMA proves to be strong resistance yet again $XAU $USD https://t.co/wHIxrQYDET
  • The Australian Dollar has carved a well-defined monthly range just above trendline support and the immediate focus is on a breakout of the April range for guidance. Get your $AUD market update from @MBForex here:https://t.co/mZs9vBxedN https://t.co/UaM9NnavMk
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.26% 🇨🇭CHF: 0.26% 🇬🇧GBP: 0.25% 🇦🇺AUD: 0.05% 🇳🇿NZD: -0.05% 🇨🇦CAD: -0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/OKUnUn59EY
Dollar Looks like a Buy versus the Japanese Yen

Dollar Looks like a Buy versus the Japanese Yen

David Rodriguez, Head of Product
Dollar Looks like a Buy versus the Japanese Yen

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

USDJPY Extremely one-sided retail crowd positions in the USDJPY warn that the pair may bounce off of key lows.

Trade Implications – JPY Pairs: Our proprietary positioning data shows that retail traders are their most net-long the Dollar versus the Japanese Yen since it set a significant low near ¥98 in October of last year. There are no guarantees in trading, but the potential sentiment extreme comes as the USDJPY continues to hold key lows. Staying above ¥100.80 makes buying the Dollar/Yen attractive.

See next currency section:AUDUSD - Australian Dollar Likely Set Important Price Top

Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Dollar Looks like a Buy versus the Japanese Yen

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES